Oil & Gas

10 African Oil Producers with Lowest Drilling Activity By Eyo Nsima Africa’s oil industry is facing a widening exploration and drilling investment gap, with several petroleum-producing countries recording very low drilling activity despite their substantial hydrocarbon resources. The latest global rig count showed that Africa operated 47 active rigs in July 2026, unchanged from June,

EDITORIAL: Africa Must Turn Oil Windfall into Lasting Wealth   With Brent above $93 a barrel and Murban above $100, Africa’s oil producers have another chance to convert higher crude revenues into lasting economic gains. They must not waste it. Oil prices remain elevated, with Brent crude at about $93.11 a barrel, WTI at $85.35

NOGC 2026 ends with push to turn discoveries into dividends   The 4th Namibia Oil and Gas Conference and Exhibition (NOGC) 2026 has concluded in Windhoek with a strong call for Namibia to translate its petroleum discoveries into jobs, skills, businesses, investment and long-term national value. Held under the theme “From Decision to Dividend: Making

Namibia invests N$160m to build oil workforce ahead of first production By Eyo Nsima Namibia has invested about N$160 million in educating and training more than 500 Namibians as the country moves from oil and gas exploration towards development and production, in a strategy aimed at ensuring that its emerging petroleum industry delivers jobs, skills

La nouvelle frontière pétrolière de la Namibie, riche de 11 milliards de barils, attire les investisseurs mondiaux   Alors que 129 intervenants et de grandes entreprises énergétiques se préparent pour la conférence du 18 au 20 août La Namibie se positionne comme l’une des destinations émergentes les plus prometteuses d’Afrique pour les investissements dans le

Namibia’s 11bn-Barrel Oil Frontier Beckons Global Investors *** As 129 speakers, major energy firms set for August 18–20 conference Namibia is positioning itself as one of Africa’s most promising emerging oil and gas investment destinations, with an estimated 11 billion barrels of oil and 2.2 trillion cubic feet of natural gas reserves attracting growing interest

Refiners, Producers, Investors to Converge at Nigeria Oil Refining Summit   The third edition of the Nigeria Oil Refining Summit will hold from September 28–29, 2026, at Eko Hotel and Suites, Lagos. The event, hosted by the Crude Oil Refinery Owners Association of Nigeria (CORAN), is themed “Refining for Value: Linking Upstream Supply to Downstream

Nigeria’s Fuel Prices Show Wide Regional Gaps as West Africa Eyes New Trading Hub   Nigeria’s downstream petroleum market is showing significant price differences across major trading centres, with petrol and diesel depot prices varying by as much as N48 and N593 per litre respectively, underscoring the growing importance of efficient logistics, refining capacity and

ADNOC Deepens African Energy Push, Joins AEW 2026 as Platinum Partner   Abu Dhabi National Oil Company, ADNOC, is strengthening its presence in Africa’s energy market as it joins African Energy Week, AEW 2026, as a Platinum Partner, following its planned $1 billion acquisition of Shell’s downstream business in South Africa. ADNOC, one of the